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Review delay brings Greek liquidity needs back into focus
EconomyProgrammeApart from creating increasing risks to the strong economic recovery anticipated in 2017, the delay in the conclusion of the second programme review also brought to the forefront the issue of Greece... the income tax and the single property tax (ENFIA) are due to be paid. However, the government may
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Mindful of role, Athens gears up for Cyprus Conference
PoliticsForeign Policythe discussions. Analysts believe that the demand to include the Big Five may be seeking to create some kind of a balance between a strong Turkey versus a weak Greece.
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December retail sales seen down 2.5 pct amid tax onrush
EconomyMacroeconomy, according to ESEE. ESEE chairman Vassilis Korkidis expects that retail turnover may stabilise... of 0.5 – 0.6 percent for the whole year. For 2017, MoF and EC project a strong rebound of 1.8 and 1.5
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Athens gears up for deal with lenders, pending news from IMF
PoliticsGreek Politicsfar. There is a strong feeling that the government has taken its decision to reach an agreement... for Athens, which fears that he may make greater demands than the government is willing to accept, while
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IMF argues case for further reform of pension system
EconomyProgrammeof making the pension system affordable and creating strong incentives for work and contributions.... On the last pension reform legislated last May, the IMF notes that despite the targeted savings
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Industrial turnover surges 26.9 pct in Jan, also reflecting low base effect
EconomyMacroeconomyreading since May 2006, also reflecting a low base effect as the index had dropped by 14.2 percent... showed a strong rebound in both the non-domestic (+36.4 percent) and the domestic (+19.9 percent
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To Potami and PASOK battle it out for dominance of centre-left
PoliticsGreek Politicssignificantly, it is a further boost to the leadership of Fofi Gennimata. Although she has strong.... There is speculation that the centrist party may join forces with disparate figures from the centre-left
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Outline deal clinched at Eurogroup, focus now moves to Athens
PoliticsGreek Politicsin the press conference. He underlined the “strong impact” that uncertainty has had on the Greek banking... percent of GDP, while European Stability Mechanism managing director Klaus Regling said that Greece may
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April produces first fall this year for car sales, which tumbled by 7.5 pct
EconomyMacroeconomysince May 2016 and the second highest since June 2010. Passenger cars also fell by 7.3 percent... recovery in the last few years largely stems from renewal of rent-a-Car fleets, due to strong
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EC lowers growth forecasts, sees fiscal targets within reach
EconomyMacroeconomyof the fiscal consolidation was broadly balanced. Revenues, in particular, were boosted by a strong growth... respectively, taking into consideration the fiscal package worth 3 percent of GDP voted in May 2016
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